Beth is featured three minutes into the video.

Senior executives express their views on staffing plans and the future of the industry. Read on to hear about their opinions on the current environment, staffing plans, the economy, and obstacles.

Mortgage Survey 2010 Release

The full report can be seen here: http://www.bls.gov/news.release/empsit.htm.

Total U.S. non-farm employment rose by 151,000 positions in October, according to the Labor Department, while the unemployment rate remained at 9.6 percent for a third month. In total, the private sector added 159,000 jobs, while the public sector lost 8,000 positions, with the most substantial loss being 14,200 non-education local government positions.
 
Of the 829,000 total gains in private sector employment over the last 12 months, 451,000 positions were with temporary staffing agencies. October, however, saw one of the most substantial gains yet in permanent positions, with additions spread across the services-providing sector. Seasonally adjusted, retail trade added 27,900 jobs from every category except building materials and gas stations. After an unexpected decrease of average weekly private sector earnings in September, earnings rebounded to an average of $779.64 per week in October.

The total number of unemployed people who were either laid off or completed temporary assignments fell to 9.1 million in October, the figure’s lowest level since April of 2009. Among workers who most recently held jobs in management, professional and related occupations, the unemployment rate was 4.5 percent in October, down from 4.7 percent a year ago.
 
While October saw the first gains in total U.S. employment since May, private sector employment has expanded now for 10 consecutive months. Stimulus spending helped fuel a bump in private sector hiring in April of 241,000 jobs. Since then, the impact of stimulus spending has worn off; yet, private hiring has slowly increased its gains to the level we see today. Conventional wisdom says the United States needs to add in excess of 150,000 jobs to make up for the overall population growth, a rate we are at last achieving. Should private sector growth continue on the trajectory seen over the last six months, U.S. unemployment should begin easing in Q1 2011.

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Angott Search Group

Worldwide senior executive hiring was on the increase in the third quarter of 2010, according to a report released by the Association of Executive Search Consultants (AESC). The yearly trend, from Q3 2009 to Q3 2010, was strong with both revenues and new search mandates rising across all regions and industry sectors (revenues +32 percent, new searches +18 percent). The quarterly trend, from Q2 2010 to Q3 2010, saw revenues increase by 2.4 percent, although the number of new searches declined (-5.3 percent). While the number of new searches started rose 18 percent annually, they fell five percent during the quarter. The quarterly picture of decreased searches but increased revenues indicates that AESC member executive search firms are working on a higher level of search assignment to position leaders at the very top of organizations. North America saw a 26 percent increase in search activity in the third quarter of 2010, against the same period a year ago, followed by Central/South America (+24.4 percent), Asia/Pacific (+14 percent), and Europe (+13 percent). “The third quarter statistics confirm the strong trends experienced since the beginning of 2010 and indicate a continuing resurgence in executive demand in many regions and sectors of the world,” said Peter Felix, president of the AESC. “The financial services and industrial sectors have shown the strongest growth, since they were the hardest hit by the recession and were the most likely to recover once the world trading system sprang back to life.”

That’s bad news for employers who’ve neglected succession planning, says Angott. Read onto learn more.

Forgotten Boomers_Press Release